HAX

HAX is a venture capital organization that operates as part of SOSV, dedicated to supporting pre-seed startups tackling complex challenges in science and engineering. Based in Newark, New Jersey, HAX is recognized as one of the most active programs for hard tech startups globally, with a mission to foster innovation in various sectors.

HAX invests in early-stage startups developing solutions in sectors such as plasma technology, critical minerals, climate infrastructure, chemistry, robotics, and advanced manufacturing. The program offers up to $550,000 in pre-seed funding and a six-month residency at its Newark facility, providing access to essential tools and technical expertise for prototyping and product development.

HAX offers mentorship, access to a fabrication facility, and guidance from staff engineers who act as an extended team. The program also provides access to a supply chain in Shenzhen and support for transitioning from prototype to production.

Q: What is the duration of the program? A: The program lasts approximately 6-9 months. Q: How much funding does HAX provide? A: HAX offers between $250,000 and $550,000 in funding. Q: What is the equity stake taken by HAX? A: HAX typically takes 10-20% equity, commonly around 15%.